Title XIV mortgage-related rules
Rules and compliance guides
Plain-language guides to the new rules in a FAQ format, which makes the content more accessible for industry constituents, especially smaller businesses with limited legal and compliance staff.
|Link to the rule||Compliance guide|
These summaries, charts, and reference materials offer an easy way to understand rules and see which rules are likely to apply to certain products or businesses. These references aren’t substitutes for the regulation text and official commentary, but they can give you an idea of where to start.
- Fact sheet for small creditors operating in rural or underserved areas
- When is a creditor eligible to make different types of qualified mortgages?
- Executive summary of Rural-Small Interim Final Rule - March 22, 2016
- New rule summary: Amendments relating to small creditors and rural or underserved areas - Sept. 21, 2015
- Small creditor qualified mortgages flowchart
- Transaction coverage and exemptions for the 2013 mortgage origination rules
- Comparison of the general Ability-to-Repay requirements with the requirements for originating Qualified Mortgage loans
- Coverage of the Bureau’s 2013 mortgage servicing rules for loans and servicers
Supervision and examination materials
Our Supervision and Examination Manual is a guide to how we will supervise and examine consumer financial service providers under our jurisdiction for compliance with federal consumer financial law.
Our Readiness Guide provides guidelines for institutions to evaluate their readiness and help them comply with mortgage rule changes made through July 24, 2015.
Rural or underserved counties
Businesses that operate predominantly in rural or underserved counties are exempt from certain requirements.
Use our rural and underserved counties page to access lists of rural or underserved counties or tools that determine whether a property location is in such a county.
Lenders can use our find a housing counselor tool to meet RESPA requirements to generate a list of housing counseling agencies for each applicant.
Servicers can use our mortgage help page to meet servicing disclosure requirements to provide access to the HUD list of homeownership counselors and counseling organizations, as well as the website to access contact information for state housing finance authorities.
Among other criteria, “qualified mortgages” generally must possess a total monthly debt-to-income ratio (DTI) of no more than 43 percent . Regulation Z’s appendix Q contains detailed requirements for determining the “debt” and “income” factors in the calculation.